Cairo – Mubasher: Speed Medical Company registered a 408.8% year-on-year (YoY) surge in its consolidated net profits, logging EGP 108.07 million in the first half (H1) of 2021, compared to EGP 21.24 million.
The revenues hiked to EGP 175.06 million in the January-June period from EGP 59.1 million in the corresponding period a year earlier, the company said in a bourse disclosure on Monday.
The standalone net profits amounted to EGP 108.07 million in H1-21, up from EGP 21.2 million in H1-20.
During the first quarter (Q1) of 2021, Speed Medical Company reported net profits of EGP 40.92 million, compared to EGP 7.17 million in Q1-20.
